Reliance Retail Ventures Limited’s Investment in Addverb Technologies

Khaitan & Co. advised Reliance Retail Ventures Limited on the transaction, while IndusLaw advised Addverb Technologies Private Limited on the deal. Obhan & Associates advised co-founder Neeraj Sharma.

Reliance Retail Ventures Ltd. executed an investment in Addverb Technologies Private Limited.

Addverb Technologies Private Limited is an Indian leading warehouse automation company. 

Reliance Retail Ventures Limited operates as a supermarket. The Company offers consumer electronics, food and grocery, fashion, jewelry, footwear, and clothing.

The Khaitan & Co. team consisted of Partner Supratim Chakraborty (Picture), Rahul Dutt (Partner), Sumantra Bose (Principal Associate), Riya Dutta (Senior Associate) and Anwesha Sinha (Associate). Shailendra Bhandare (Partner), Sourav Dan (Principal Associate), Rhea Ghanshani (Associate) and Vivek Singh (Associate) advised on intellectual property law aspects. Anshul Prakash (Partner), Abhimanyu Pal (Principal Associate) and Kruthi Murthy (Associate) advised on employment and labour law aspects. Shabnam Shaikh (Partner) advised on employee stock option related aspects.  Avnish Sharma (Partner), Kshitij Bishnoi (Principal Associate), Siddharth Godha (Senior Associate), and Saumya Tandon (Associate) advised on real estate aspects.  Anisha Chand (Partner) and Vasudhaa Ahuja advised on competition law aspects. Tashi Gyanee (Associate) assisted on data privacy due diligence. 

The IndusLaw team was led by Senior Partner Avimukt Dar, Anubha Sital (Partner), Devya Sharma (Principal Associate) and Nimisha Srivastava (Associate). Tax and Regulatory: Ritesh Kumar (Partner), Shruti KP (Principal Associate), Akshat Mittal (Senior Manager).

The Obhan & Associates team included senior partner Ashima Obhan and principal associate Vrinda Patodia.

Involved fees earner: Avimukt Dar – IndusLaw; Shruti KP – IndusLaw; Ritesh Kumar S – IndusLaw; Akshat Mittal – IndusLaw; Devya Sharma – IndusLaw; Anubha Sital – IndusLaw; Nimisha Srivastava – IndusLaw; Vasudhaa Ahuja – Khaitan & Co.; Shailendra Bhandare – Khaitan & Co.; Kshitij Bishnoi – Khaitan & Co.; Sumantra Bose – Khaitan & Co.; Supratim Chakraborty – Khaitan & Co.; Anisha Chand – Khaitan & Co.; Sourav Dan – Khaitan & Co.; Rahul Dutt – Khaitan & Co.; Riya Dutta – Khaitan & Co.; Rhea Ghanshani – Khaitan & Co.; Siddharth Godha – Khaitan & Co.; Tashi Gyanee – Khaitan & Co.; Kruthi Murthy – Khaitan & Co.; Abhimanyu Pal – Khaitan & Co.; Anshul Prakash – Khaitan & Co.; Shabnam Shaikh – Khaitan & Co.; Avnish Sharma – Khaitan & Co.; Vivek Singh – Khaitan & Co.; Anwesha Sinha – Khaitan & Co.; Saumya Tandon – Khaitan & Co.; Ashima Obhan – Obhan & Associates; Vrinda Patodia – Obhan & Associates;

Law Firms: IndusLaw; Khaitan & Co.; Obhan & Associates;

Clients: Addverb Technologies Private Limited ; Neeraj Sharma; Reliance Retail Ventures Limited;